Which of the Following Does Not Illustrate Opportunity Cost

question 153

Multiple Choice

Which of the following does not illustrate opportunity cost?

• A) If I study, I must give up going to the football game.
• B) If I buy a computer, I must do without a 35" television.
• C) If I spend more on clothes, I must spend less on food.
• D) All of these illustrate opportunity cost.

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Definitions:

Global Markets

Markets that transcend national borders, encompassing international trade, investment, and cooperation, facilitating the exchange of goods, services, and capital across the globe.

Perpetuation

The act of continuing or sustaining something indefinitely or for a prolonged period.

Inequality

Describes the unequal distribution of resources, opportunities, rights, and power among individuals or groups within a society.